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![Large period building with two commercial units](https://media.onthemarket.com/properties/13432700/1452707407/image-0-1024x1024.jpg)
![Large period building with two commercial units](https://media.onthemarket.com/properties/13432700/1452707407/image-0-1024x1024.jpg)
![View of High Street](https://media.onthemarket.com/properties/13432700/1452707407/image-1-1024x1024.jpg)
Terraced house
Key information
Property description & features
- Tenure: Freehold
- For Sale by Online Auction
- Auction Date : 26 July 2023
- Lot Number : 85
- Permission For Seventeen Residential Letting Units And Retention Of Two Commercial Units
- Mixed Commercial/Residential
- Freehold
- Current Rental : £12,000 Per Annum
- *Guide Price : £625,000 - £675,000 + Fees
The building has been granted Planning Permission for conversion of the offices to provide 17 residential letting units each with their own shower rooms with W.C.s with two communal kitchens and roof top terrace.
The building is situated on Sittingbourne High Street close to local and nationwide retailers as well as the mainline railway station.
Planning
Planning Permission has been granted by Swale Borough Council under reference 22/503070/FULL, dated 18th May 2023, for restoration and conversion of offices into a co-living scheme of seventeen studio units, with part retention of retail/commercial use on all floors, including erection of a second floor extension to form a stairwell and creation of associated refuse and cycle storage facilities, subject to conditions.
A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website, Swale Borough Council. [use Contact Agent Button]. Website: swale.gov.uk.
Proposed Accommodation
59 High Street - Ground Floor
Commercial premises with own entrance from the high street, storage, kitchen and W.C.
Tenancy
Vacant. Estimated potential income of £12,000 per annum.
61 High Street
Ground Floor
Commercial premises with rear storage.
First Floor
Further storage.
Tenancy
Let under the terms of a 10-year Commercial lease expiring February 2027 at a current rental of £12,000 per annum. The Auctioneers have been advised this may currently be underlet.
Ground Floor
Communal entrance to residential parts and communal kitchen/dining room.
Units 1-2
Each with en-suite shower room/W.C.
First Floor
Units 3-10
Each with en-suite shower room/W.C.
Unit 11
Kitchen and en-suite shower room with W.C.
Unit 12-13
Each with en-suite shower room/W.C.
Second Floor
Communal kitchen/dining room with access to the roof terrace.
Unit 14
Kitchen and en-suite shower room with W.C.
Unit 15
En-suite shower room/W.C.
Unit 16
Kitchen and en-suite shower room with W.C.
Unit 17
En-suite shower room/W.C.
Outside
Yard and cycle/refuse space.
Auctioneer’s Note
The previous EPC rating C, for the upper parts, has expired and a new EPC will be provided before the auction date.
Freehold with Part Vacant Possession
Commercial EPC: C
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to cliveemson.co.uk or call us on[use Contact Agent Button].
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Places of interest
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Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
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